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Minda Reports Fire Incident at Noida Manufacturing Unit in India

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Auto components manufacturer Minda Corporation (NSE:MINDACORP, BOM:538962) reported a fire incident at its manufacturing facility in Noida, India, on May 30, according to a Sunday filing to the Indian stock exchanges.

The company's shares were down over 1% in Monday's trade.

There were no casualties or injuries to any personnel due to the incident, and the company is working restore normalcy at the affected facility, the statement said.

"We are currently in the process of assessing the impact on the operations and extent of the damage caused, while maintaining the highest standard of safety and compliance," the company said.

The company further said the stock, plant, and machinery were adequately insured and that the insurance company has been informed.

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Minda Reports Fire Incident at Noida Manufacturing Unit in India | FINWIRES